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1st Source Corporation SRCE Operating lease income

Operating lease income at other companies

Sila Realty Trust logo
Sila Realty TrustSILA
$48M+8.8%
Howard Hughes logo
Howard HughesHHH
$113.55M+4.7%
Mcgrath Rentcorp logo
Mcgrath RentcorpMGRC
$126.66M+5.5%
1st Source Corporation logo
1st Source CorporationSRCE
$589K-34.5%
SkyWest logo
SkyWestSKYW
$17.74M+10.4%
GATX logo
GATXGATX
$484.4M+46.4%

Other financials

Income statement

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Revenue$113.1M+8.7%
Net income$40.0M+6.5%
EPS (diluted)$1.63+7.2%

Balance sheet

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Cash & equivalents$118.8M-46.7%
Total debt$289.2M+373%
Total equity$1.3B+10.0%
Total assets$9.1B+1.7%

Cash flow

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Operating cash flow$59.1M-17.6%
CapEx$1.0M-58.8%
Free cash flow$58.1M-16.1%

Valuation

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Market cap$1.9B+14.7%
Enterprise value$2.07B+41.9%
P/E11.8×0.0×
P/S4.3×+0.1×

Profitability

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Net margin36.3%+0.9pp
FCF margin45.6%-7.1pp

Returns & leverage

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Return on equity13.2%+0.2pp
Debt / equity0.2×+0.2×

Where this comes from

Reported directly by 1st Source Corporation in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncomeLeasePayments.

The official record: 1st Source Corporation’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 1st Source Corporation's operating lease income?
1st Source Corporation (SRCE) reported operating lease income of $589K in Q1 2026.
How has 1st Source Corporation's operating lease income changed year-over-year?
1st Source Corporation's operating lease income decreased by 34.5% year-over-year, from $899K to $589K.
What is the long-term trend for 1st Source Corporation's operating lease income?
Over 4 years (2021 to 2025), 1st Source Corporation's operating lease income has grown at a -34.7% compound annual growth rate (CAGR), from $16.65M to $3.02M.
What does operating lease income mean?
This reflects income derived from leasing equipment or other physical assets to customers, distinct from traditional loan interest. It is a key component for banks with specialty finance divisions that provide asset-based financing solutions. This metric highlights the bank's ability to generate revenue through direct asset ownership and leasing models.